Business
Getchell Gold Corp. Intersects Gold-Arsenic Zone at Hot Springs Peak Project
Toronto, Ontario--(Newsfile Corp. - August 7, 2019) - Getchell Gold Corp. (CSE: GTCH) ("Getchell Gold" or the "Company") is pleased to provide an update on the
About this update from Getchell Gold Corp.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - August 7, 2019) - Getchell Gold Corp. (CSE: GTCH) (\"Getchell Gold\" or the \"Company\") is pleased to provide an update on the drilling and assay results at the Company's 100% owned Hot Springs Peak Property (HSP) located in Humboldt County Nevada. In this round of drilling the Company discovered a previously unknown, 26 meter gold-arsenic zone at HSP which is indicative of a mineralized cap sourced from a deeper Carlin Style target through \"leakage\" structures. These assay results are part of the now completed two phase exploration drill program to test for a Carlin Style Gold System in two of the geophysical target areas on the Project and is a follow up to the Phase 1 four-hole program that was completed last Fall to test four target locations along the 4 kilometer trend of surface mines containing gold-arsenic mineralization (results detailed in a Company press release dated February 25, 2019). Drill Results Hole HSP-RC5 intersected a gold-arsenic zone 26 meters in length containing an average of 0.133 grams per tonne (g/t) gold and a maximum of 0.69 g/t gold in one interval of 1.5 meters (see following strip log graphic) under the mine shaft area that produced a dump aggregate sample of 24 g/t (0.701 opt). A second gold zone occurs above the main zone. Corresponding arsenic levels range from 486 ppm to greater than 10,000 ppm, and the entire 274 meters of drilling contains an average of 377 ppm arsenic. The gold zones occur near surface in the partially silicified and quartz veined oxide zone and transitions into the black carbon-sulfide zone in the center of the gold mineralization. Microscopic study for realgar and orpiment is planned for the interval containing greater than 10,000 ppm arsenic. Corresponding anomalous antimony also occurs throughout the drill hole with the highest antimony of 619 ppm occurring in the gold zone. The geochemistry spreadsheet analysis for the entire hole length for each hole drilled is available at (Click Here) and is the basis for the findings in this news release. Strip Log of First 125 meters of HSP-RC5(the full strip log is available at Click Here) The 26 meter gold-arsenic zone, contained within an argillite, phyllite and claystone, is indicative of a mineralized cap with a deeper, concealed, Carlin Style target that mineralized the cap throu...